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Central Bank

Stay current with all the latest and breaking news from Central Bank, compare headlines and perspectives between news sources on stories happening today. In total, 2,670 stories have been published about Central Bank which Ground News has aggregated in the past 3 months.

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Central Bank

Reserve Bank of India ranks crypto near the bottom of systemic risks despite harsh criticism By Cointelegraph

100% Center coverage: 2 sources
The Reserve Bank of India, or RBI, reiterated its skepticism of digital assets in its latest financial stability report. The report alleged that decentralized cryptocurrencies "are designed to bypass the financial system and all its controls" Despite all the harsh words, cryptocurrencies rank at the nadir of the RBI's risk agenda.See the Story
Business

Credit and debit card spending rises in May

100% Center coverage: 1 sources
credit card users in India spend 40 times more than debit card users online. This is despite the fact that there are only 8 credit cards for every 100 debit cards issued by Indian banks. Overall, Indians spent �93,000 crore on online purchases using credit and debit cards. IndusInd Bank has the most valuable credit cardholders.See the Story
Business

Key Inflation Gauge Inches Down But Still Stuck at More Than Double Fed's Target

100% Right coverage: 1 sources
A key inflation gauge heavily relied on by the Federal Reserve when setting interest rates inched down in May but remained elevated near multi-decade highs at a level more than twice the central bank’s inflation target, suggesting the Fed’s fight to relieve price pressures will be drawn out. The Fed’s preferred inflation gauge, the so-called core Personal Consumption Expenditures (PCE) price index, rose by 4.See the Story
Climate Change

Central Bank commits to socially responsible investing

100% Left coverage: 1 sources
Central Bank of Ireland will incorporate environmental, social and governance considerations into its processes for screening potential investment assets. The regulator said it would use negative screening to weed out controversial companies and sectors from its portfolio. Businesses involved in the manufacturing of prohibited weapons as defined by international treaties, tobacco companies and corporate activities such as coal mining will fall under the definition.See the Story
Central Bank

The Central Bank bought another $536 million and already accumulates $2 billion in four days

Due to the effect of the reinforced stocks, the monetary authority absorbs almost the entire supply of foreign exchange.See the Story
Central Bank

PH economy to hit 7% GDP this year

100% Right coverage: 1 sources
DESPITE the effect of rising fuel costs on consumer demand, the new chief of the central bank is optimistic that the Philippine gross domestic product (GDP) growth would reach at...See the Story
Business · India

India Banking Sector Health Improves As Bad Loans Hit 6-Year Low

100% Left coverage: 1 sources
(Bloomberg) -- The health of India’s banking sector improved considerably due to support measures from the regulator and a gradual economic recovery from the pandemic, the central bank said, with the soured-debt ratio dropping to a six-year low.Continue Reading. Read more on Bloomberg by BloombergQuint.See the Story
Central Bank

BOJ hikes rates again to 5.5%

The Bank of Jamaica (BOJ) raised the benchmark interest rate offered to deposit-taking institutions on overnight placements with the central bank by 50 basis points to 5.50 per cent, effective June 30. It is the seventh consecutive increase in the policy rate by the monetary policy authority since last September. Consumer price or headline inflation in May was estimated at 10.9 per cent.See the Story

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